Hong Kong

Inflation eases to 1.9% in April

This was partly attributed to a smaller climb in private house rents.

HSBC sees significant growth in new APAC wealth arm

Double-digit growth is on the horizon over the next three years.

Exports down 3.7% in April

Exports in non-metallic mineral manufactures led the decline.

Over half feel indifferent in owning a home amidst pandemic

Only 1 in 10 locals thinks it is a good time to buy a home.

PayPal pilots QR codes for in-person transactions

They are waiving seller transaction fees until 10 August.

Average salary increment stood at 1.3% in Q1

Around three quarters of job seekers are considering a career change.

7 out of 10 office workers prioritise health as primary life goal

Working from home arrangement found by most employees as flexible.

Unemployment rate widens to 5.2% in February-April

This is the highest figure recorded in over a decade.

COVID-19 to drive digital payments take-up in Hong Kong

E-payments firm Octopus said that mobile wallet usage rose 30% in February.

HSBC Life pilots new health insurance plan

It also combines business talent retention with wealth growth. HSBC Life has launched a new whole-of-life insurance plan for its commercial clients that will combine keyman protection and talent retention with wealth growth.

Hang Seng benchmark paves way to include Alibaba: report

The index includes companies from the Mainland with a secondary listing in Hong Kong.

Over 15,000 shops may close without rent relief

Landlords are only willing to cut rents by 10-20% instead of the requested 50% by retailers.

Export volumes down 9.1% in Q1

Volumes to the US led the decline.

Deliveroo posts 104% jump in vegan orders in 2020 YTD

An increase in the number of vegan restaurant partners has also been seen.

Cathay Pacific's passenger volume plummets 99.6% in April

It expects daily passenger volume to remain low in May.